Directorate Change

RNS Number : 7463K

Chrysalis Investments Limited

06 September 2021

 

The information contained in this announcement is restricted and is not for publication, release or distribution in the United States of America, any member state of the European Economic Area, Canada, Australia, Japan or the Republic of South Africa.

06 September 2021

Chrysalis Investments Limited

("Chrysalis" or the "Company")

Board Appointment

The Board of Directors of Chrysalis is pleased to announce the appointment of Ms Margaret O'Connor as a non-executive Director of the Company with effect from 06 September 2021.

Ms O'Connor is an American and Irish citizen with a highly differentiated, 30-year career in Asian and African fintech, MarketingTech, e-commerce, and SaaS businesses as an investor, advisor, entrepreneur, corporate executive, and Non-Executive Director. Her current portfolio includes Chairperson of the Launch Africa Venture Fund 1 and Pay Today and Investment Committee of Five35 Ventures. Previous board roles include Mobiles4All and Namola. She was a founding member of the MasterCard Asia Pacific management team and established the MasterCard New Technology Communications group in New York.

Ms O'Connor brings valued global experience of guiding boards through investments in disruptive technologies, including AI, big data, AR, and blockchain to this role.

In making this appointment, the Directors of Chrysalis have shown their commitment to diversifying the composition, skills and perspective of the Board overall and to further strengthening their support for Chrysalis as it targets long term shareholder value from its growing portfolio of high potential investments.

Andrew Haining, Chairman, commented:

"We are delighted to welcome Margaret to the Board of Chrysalis Investments. She brings a wealth of knowledge and relevant experience, especially in the technology sector, which will prove invaluable to the Company. My colleagues and I look forward to working with Margaret in the coming months and years."

DIRECTORS' DECLARATIONS PURSUANT TO RULE 9.6.13R OF THE LISTING RULES

The Board of Directors confirm there are no declarations to be made pursuant to Rule 9.6.13R.

The Board of Directors consider Margaret to be independent on appointment per the AIC Code of Corporate Governance.

-ENDS-

For further information, please contact: Media: Montfort Communications Charlotte McMullen / Toto Reissland-Burghart / Miles McKechnie	[phone] [e-mail]
Jupiter Asset Management: Magnus Spence	[phone]
Liberum: Chris Clarke / Darren Vickers / Owen Matthews	[phone]
Numis: Nathan Brown/ Matt Goss	[phone]
Maitland Administration (Guernsey) Limited: Elaine Smeja / Aimee Gontier	[phone]

LEI: 213800F9SQ753JQHSW24

A copy of this announcement will be available on the Company's website at

https://www.chrysalisinvestments.co.uk/

This announcement is for information purposes only and is not an offer to invest. All investments are subject to risk.  Past performance is no guarantee of future returns.  Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision.  The value of investments may fluctuate.  Results achieved in the past are no guarantee of future results. Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website for any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a recognised information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the Company.

 

END

 

 

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